25 slides from Sadbhav Infrastructure Project's investor presentation, August 2017
Slide 1: Sadbhav Infrastructure Project Limited Corporate Presentation
Sadbhav Infrastructure Project Limited Corporate Presentation August 2017
Slide 2: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”),which have been prepared by Sadbhav Infrastructure Project Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe
Slide 3: Agenda
Agenda 1. An Overview of Sadbhav Infrastructure Project Limited (SIPL) 4 2. Portfolio Snapshot and Basic Project Details 9 3. Updates 16 4. Financials 22 3
Slide 4: An Overview of Sadbhav Infrastructure Project Limited (SIPL)
An Overview of Sadbhav Infrastructure Project Limited (SIPL)
Slide 5: Company Overview
Company Overview Only listed Road & Highways BOT company in India with a portfolio of 11 BOT projects and 7 Hybrid Annuity projects Promoted by Sadbhav Engineering Limited (SEL) in 2007 to operate Road BOT projects for Sadbhav Group Owns a project portfolio consisting of ten operational BOT proj
Slide 6: Corporate Structure
Corporate Structure Sadbhav Engineering Limited 68.64% EPC Business Sadbhav Infrastructure Project Limited (SIPL) BOT Project Portfolio SIPL SEL J.V 1 Ahmedabad Ring Road Infrastructure Limited (ARRIL) 100.0% 0.0% 0.0% 2 Aurangabad Jalna Tollway Limited (AJTL) 100.0% 0.0% 0.0% 3 Nagpur Seoni Express
Slide 7: SIPL - Shareholding Pattern
SIPL - Shareholding Pattern Shareholding Pattern as on 30th June, 2017 Strong Institutional Presence Category No. of shares % holding Promoter Group 244,030,911 69.28% Public Shareholding 108,194,305 30.72% Institutions 40,255,551 11.43% DIIs 18,002,398 5.11% FIIs 22,253,153 6.32% Non-Institutions 6
Slide 8: SIPL - Key Management Personnel
SIPL - Key Management Personnel Board of Directors Mr. Vishnubhai M Patel Mr. Shashin V Patel (Chairman Emeritus) (Chairman & Non-Executive Director) Mr. Vasistha C Patel Mr. Nitin R Patel (Managing Director) (Non-Independent & Non-Executive Director) Mr. Sandip V Patel, Mr. Mirat N Bhadlawala, Mr.
Slide 9: Portfolio Snapshot and Basic Project Details
Portfolio Snapshot and Basic Project Details
Slide 10: Portfolio Snapshot
Portfolio Snapshot Portfolio of 18 Roads & Highways BOT projects of which 10 projects are fully operational, 1 project is partially operational and 7 HAM projects are under development No. of Projects No. of Projects As on June 30, 2017 Toll Annuity HAM NHAI State Operational 9 1 0 8 2 Partly Operat
Slide 11: Operating Assets – I
Operating Assets – I Particulars ARRIL AJTL NSEL HYTPL Current Stake 99.99% 99.99% 99.99% 99.99% Project Details Project Type Toll Toll Annuity Toll State Gujarat Maharashtra Maha/MP Telangana Client AUDA Govt. of Maharashtra NHAI NHAI Lane kms 305.4 263.2 110.9 142.6 Concession Start Dec-06 Feb-07
Slide 12: Operating Assets – II
Operating Assets – II Particulars BHTPL RPTPL MBCPNL DPTL Current Stake 76.99% 99.99% 83.60%1 99.99% Project Type Toll Toll Service Fee Toll Project Details State Karnataka Haryana Maharashtra Maharashtra SREI Infra, SREI Sahaj e- JV Partner Monte Carlo Limited N.A N.A village Limited, DTCPL Client
Slide 13: Operating Assets – III
Operating Assets – III Particulars SUTPL BRTPL RHTPL Current Stake 99.99% 99.99% 99.99% Project Type Toll Toll Toll Project Details State Rajasthan Rajasthan Haryana Client NHAI NHAI NHAI Lane kms 317.2 349.0 395.2 Concession Start Apr-13 Oct-13 Dec-13 Original Concession (yrs) 27 Y 30 Y 22 Y PCOD O
Slide 14: HAM projects
7 HAM projects Particulars SRHPL SNHPL SBHPL SUHPL SBGHPL Current Stake 99.99% 99.99% 99.99% 99.99% 99.99% Project Details Project Type (Pavement) HAM (Rigid) HAM (Rigid) HAM (Rigid) HAM (Rigid) HAM (Flexible) State Uttar Pradesh Uttrakhand Gujarat Gujarat Karnataka Client NHAI NHAI NHAI NHAI NHAI L
Slide 15: Projects located in high growth states, on important corridors
P RO JECT S L O CAT ED IN H IG H G RO WT H S T AT ES , O N I MPO RT AN T C O RRIDO RS Presence in high growth states where GDP is greater than average India’s GDP by 50-170 bps thereby ensuring high industrial growth providing sustainable traffic , high willingness to pay & better administration Ind
Slide 16: Updates
Updates
Slide 17: Bidding Updates and Upcoming Project Pipeline
Bidding Updates and Upcoming Project Pipeline Details of bids submission by SIPL in last 1 year BOT (Toll) HAM No. Length (in km) Rs mn No. of bidders No. Length (in km) Rs mn No. of bidders Q4FY16 - - - - 7 272 49,028 4.14 Q1FY17 - - - - 12 832 99,651 7.50 Q2FY17 2 239 24,839 4 3 231 29,758 8.00 Q3
Slide 18: Toll Collection - I
Toll Collection - I Ahmedabad Ring Road Infrastructure Limited (ARRIL) (INR mn) INR mn Qrtr 2011 2012 2013 2014 2015 2016 2017 2018 % rise 250 200 June 147.1 173.3 183.6 183.0 188.4 222.2 236.7 234.3 1.0% 150 Sept 139.7 164.8 163.9 175.6 202.7 212.5 227.0 100 Dec 169.9 194.6 179.3 188.5 223.0 231.1
Slide 19: Toll Collection - II
Toll Collection - II Bijapur Hungund Tollway Pvt Limited (BHTPL) (INR mn) INR mn Qrtr 2013 2014 2015 2016 2017 2018 % rise 400 June 164.6* 243.6 255.2 284.2 303.9 295.9 (2.6)% 300 Sept 232.7 236.3 259.6 281.6 285.6# 200 Dec 227.6 231.0 254.6 279.8 N.C. 100 Mar 237.6 238.6 273.9 302.2 292.8 0 Total 8
Slide 20: Toll Collection - III
Toll Collection - III INR mn Maharashtra Border Check Post (MBCPNL) (INR mn) 500 Qrtr 2014 2015 2016 2017 2018 % rise 400 June 16.7* 196.1 340.7 415.3 451.1 8.6% 300 Sept 63.1 222.0 366.9 406.3 200 Dec 76.2 237.7 415.5 N.C. 100 Mar 146.2 260.6 431.5 448.3 0 Total 302.2 916.4 1554.6 June Sept Dec Mar
Slide 21: Toll Collection – IV and Details related to Cash Profitability
Toll Collection – IV and Details related to Cash Profitability INR mn Rohtak Hissar Toll Pvt Limited (RHTPL) (INR mn) 100 Qrtr 2017 2018 % rise 80 June - 132.4 60 Sept 82.8* 40 20 Dec N.C. 0 Mar 130.0 June Sept Dec Mar Total 2017 * Toll collection started from 3 Aug, 2016 Toll collection for Q3FY17
Slide 22: Financials
Financials
Slide 23: SIPL - Standalone Financials
SIPL - Standalone Financials Balance Sheet (INR mn) FY17 FY16 FY15 FY14 Income Statement (INR mn) FY17 FY16 FY15 FY14 Share Capital 3,522.3 3,522.3 3,109.6 282.6 Income from Operations 2,854.4 858.0 701.1 911.8 Reserves & Surplus 9,905.0 9,441.3 5,326.3 8,036.0 Other Income 282.6 405.6 372.0 246.6 N
Slide 24: SIPL - Consolidated Financials
SIPL - Consolidated Financials Balance Sheet (INR mn) FY17 FY16 FY15 FY14 Income Statement (INR mn) FY17 FY16 FY15 FY14 Share Capital 3,522.3 3,522.3 3,109.6 282.6 Income from Operations 13,480.1 19,709.7 5,003.0 3,744.0 Reserves & Surplus (2,805.8) 1,032.1 4,699.5 8,265.9 Other Income 558.8 387.5 2
Slide 25: Thank You
Thank You